This session cover the role of patents and copyrights - how the government imposes monopolies to provide incentives - by pointing out the cost of patent monopolies in prescription drugs, examining alternatives to patent financing for prescription drug research, and exploring alternatives to copyrights for supporting music, movies, and software.


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Artist/Composer: Dean Baker
Date: 2005-11-17
Keywords: economics; economic policy; intellectual property; patents; copyrights; prescription drugs; Dean Baker; CEPR

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For background materials, including streaming video and lecture slides, please see the CEPR Economic Seminar Series web page.

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Reviewer: Hu Xin Xin - - April 18, 2007
Subject: CEPR's economics series is thought-provoking
These sessions are a great way to learn about economics, especially alternative views that don't often make it into the mainstream media.